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The Latest Breaking News from Bruegel

Tighter EU investment conditions targeted at China are 'fair', says expert

Alicia García-Herrero, an economist at the Bruegel think tank, says new EU legislation to limit the subsidies foreign companies investing in Europe can receive is "fair".

Euronews

The hidden bill: How Europe's scorching summers are reshaping national budgets

Another summer of record heat, drought and wildfires is leaving European governments with a bill that will land months later in the form of emergency relief, farm compensation, infrastructure repairs, unpaid taxes and food inflation.

Euronews

Climate damage: The next hit to Europe's public finances

Europe's public finances face growing strain from uninsured climate damage, with recent extreme weather events having caused significant economic losses across the continent. Governments are exploring adaptation and risk-sharing strategies to manage future impacts. Insurance coverage for climate-linked catastrophes remains low in many European nations.

The Economic Times

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What would a permanent ‘Tehran’s tollbooth’ on oil mean for the world?

Iran’s plan to extract a $2m payment from tankers using the strait of Hormuz could raise costs for years to come

The Guardian - UK

Iran's proposal to collect tolls in the Strait of Hormuz violates trade norms

To end the war with the United States and Israel, Iran is demanding the right to collect tolls in the Strait of Hormuz as a precondition for reopening the waterway vital to world oil supplies

The Independent UK

Pasta la vista tariffs: EU–Australia deal puts olive oil, sausages and honey on discount

After eight years of fraught negotiations, Europe and Australia have finally struck a trade deal. From champagne to critical minerals, here is what changes — and for whom.

Euronews

Labour can win political argument for closer EU ties, says Rachel Reeves

Chancellor says stronger alignment with Europe is ‘biggest prize’ for trade and economic growth

The Guardian - UK

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Here’s how Europe can file for divorce from Donald Trump

Amid the tumult of the WEF in Davos this week, some investors are leading the way by ditching US government bonds

The Guardian - UK

Trump hands Viktor Orbán a win as Hungary locks exemption for Russian energy imports

White House sources say exemption for Budapest to continue buying Russian oil will apply for a year. The move represents a political win for Orbán heading into an election in April, with the Hungarian economy in dire straits. Low energy prices could be a determining factor in the campaign.

Euronews

Is the risk of ‘brain drain’ overlooked in the EU’s enlargement process?

The EU’s enlargement process risks deepening a “brain drain” in the Western Balkans as skilled workers from newer members may migrate looking for opportunities. Experts say targeted measures must be put in place.

Euronews

EU environment ministers again delay decision on climate goals before COP30

EU talks will continue on two key climate targets — 2035 and 2040 — ahead of the upcoming COP30 summit in Belém, Brazil.

Euronews

Watch the video: Who's winning the green energy race in the EU?

Hungary is positioning itself as a major player in a few green energy sectors. Will its growth continue despite Europe's sluggish EV demand?

Euronews

Auto-enrolment: The quiet pension reform that could transform Europe’s economy

Auto-enrolment into funded pensions would ensure more retirement contributions are invested, powering Europe’s growth.

Euronews

Europe leads in military aid to Ukraine — but can it cover for a wavering US?

Europe is leading the US in aid for the first time since June 2022, with a total allocation of €138 billion until June 2025. Could this financial increase be sustained in time if Washington shrinks its support, or is it only a temporary spike?

Euronews

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Fortune

“Decarbonization is not just a climate plan, it is an economic strategy.” Why European competitiveness hinges on homegrown power

Can political commitment, leadership capability, and business involvement power Europe's future and boost its global competitiveness? In the remaining articles in this series, we plan to find out.

Euronews

Which European economy stands to suffer the most from US tariffs?

One-fifth of the EU’s exports are heading to the US. Tariffs on the carmaking sector hit the German economy the most, but potential tariffs on the pharmaceutical one could cost substantially to the Irish economy.

Euronews

Europe remains ‘highly vulnerable’ and dependent on US defence production – report

Imports of US weapons have surged, yet Europe's military capabilities remain insufficient, with notable gaps in tank numbers, air defence systems and R&D investment. According to a new report by Bruegel, the EU’s €800 billion rearmament plan may not be enough.

Euronews

Chances of resolving US-EU trade dispute over tariffs remain slim, expert says

After the US president announced he would raise tariffs on aluminium and steel from 25% to 50%, a deal between the EU and the US is unlikely to be reached within the 90-day period set by Trump, according to Ignacio García Bercero, a former senior EU official and expert at…

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Euronews

Raising a unified European army: myth or reality?

Some European leaders have recently renewed calls for the creation of a European army—an idea that has long stalled on the continent. But is it time to revive it? Not for now, and likely not in the longer term either, several EU officials told Euronews.

Euronews

EU mulls new defence funding mechanism with third countries to boost military readiness

Existing EU defence instruments lack the scale and incentives needed to close capability gaps and respond to growing security challenges as the US steps back from its traditional role in European defence, according to a policy paper by think tank Bruegel, set to be discussed this week in Warsaw.

The Independent UK

Europe's military personnel shortfalls exposed as Trump warns US security priorities lie elsewhere

The Trump administration’s warning last month that Europe must now take care of security in its own backyard raises troubling questions

International Business Times

Facing Trump And Putin, Are The EU's Defence Plans Enough?

Faced by a menacing Russia and unreliable United States, the EU is pushing a mammoth plan to boost its defences that Brussels says could unlock up to 800 billion euros ($860 billion).

Al Jazeera

Can Europe guarantee Ukraine’s security without the US?

European nations work on security guarantees for Ukraine against Russia with, Trump making clear that the US won’t.

The Independent UK

The EU beat COVID and ditched Russian energy. Now it must learn to live without US security help

The European Union is getting good at adapting to unprecedented circumstances

Fortune

American troops pack more punch than European ones, and fighting Russia without the U.S. would require adding more than 300,000, think tank says

“U.S. troops would come in large, cohesive, corps-sized units with a unified command and control tighter even than NATO joint command.”

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